RBI has published draft guidelines for classification of Wilful Defaulters:
1) Earlier RBI did not have a specific timeline within which a borrower should be
RBI ISSUES GUIDELINES FOR RESPONSIBLE LENDING
The Reserve Bank of India (RBI) has issued guidelines for banks, non-banking financial companies (NBFCs)
Rs 5,000 fine per day! RBI orders banks, NBFCs to release property docs within 30 days of loan repayment.
SUMMARY:.The RBI has issued a directive requiring Regulated Entities (REs), including banks, NBFCs (including HFCs),
No further interest on Penal Charges on delay in repayment of Loans – RBI issues new Guidelines for Loans.
The Reserve Bank of India (RBI) on Friday issued new guidelines for the levy of
